Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Land in Gated Community Title is generated by Realmo AI

    2302 Royal Oaks lot 5003, Fulton, TX 78358

    View on Map
    Claim this Listing
    For Sale
    $69,900

    LAND - Fulton, TX

    Lot size:
    0.09 Acres
    Added:
    Mar 17, 2023
    Days on Market:
    1158
    Last Refresh:
    May 17 at 3:06 am

    Property Features for 2302 Royal Oaks lot 5003

    General Information

    Property type
    Land
    Property subtype
    Other
    Pool private
    1
    Standard status
    Active
    APN
    53130015003000
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Description
    S5313 ROYAL OAKS SUBDIVISION PHASE III BLK 1 LOT 5003 .0901 ACRES

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Sarah Solis
    Sarah Solis

    Listing agent Sarah Solis License #0524314

    Listing office Spears & Co Real Estate 2621 Hwy 35 N, Rockport, TX

    Listing date Mar 17, 2023

    MLS# 465635 Listing URL

    Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Waterfront community with private gated access and 24/7 guardhouse.
    • Lot ready for custom build (3925 sq.ft.).
    • Community pool.
    • Lighted fishing pier.
    • Putting greens overlooking the bay.
    • Fire pit and gazebo.

    Overview

    Located within the gated waterfront community of Royal Oaks in Fulton, TX, this residential land lot offers a setting with mature oak trees. The 3925 sq.ft. lot is suitable for custom construction. The community provides privacy with curved walls along the front and back, and features a cobblestone road entrance from Fulton Beach Rd, past the guardhouse. Residents can enjoy lighted walking paths, a pool, a gazebo, and a fire pit. There are also two putting greens overlooking the bay and a lighted fishing pier.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Fulton
    County
    Aransas
    State
    Texas
    Longitude
    -96.7984
    Latitude
    28.2466

    Nearby Similar for Sale

    • $1,000,000

      Fulton Land Development Opportunity

      6.5-acre corner lot in Fulton with highway frontage.
      3901 Hwy 35 N lot: 0, Fulton, TX 78358
      View Details
    • $749,000
      3,375 SF

      Fulton Triplex Investment Opportunity

      Triplex in Fulton, TX, near Aransas Bay.
      402 Mesquite St., Fulton, TX 78358
      View Details
    • $1,000,000

      Fulton Development Opportunity on Highway

      6.5-acre commercial lot in Fulton near Rockport with highway frontage.
      3901 HWY 35 N, Fulton, TX 78358
      View Details
    • $549,000

      Commercial Land on Highway 35

      Unrestricted commercial land with high visibility on Highway 35.
      3410 Highway 35 N, Fulton, TX 78382
      View Details
    • $549,000
      384 SF

      Commercial Land on Highway 35

      Unrestricted commercial land with high visibility on Highway 35.
      3410 Highway 35 N, Fulton, TX 78382
      View Details
    • $3,700,000

      Waterfront Residential Development Opportunity

      6.73-acre waterfront residential development with 29 lots in Fulton, TX.
      1035 N Fulton Beach Rd, Fulton, TX 78358
      View Details
    • $649,000
      5,700 SF

      Versatile Commercial Building in Fulton

      5700 sq ft commercial building suitable for business or storage.
      307 N Tenth, Fulton, TX 78358
      View Details
    • $110,000

      RV-Ready Lot in Fulton, TX

      RV-ready lot with hookups near Fulton Harbor and Rockport Beach.
      1406 Lone Star RD, Fulton, TX 78358
      View Details
    • $299,000

      Spacious Corner Lot in Fulton

      Double corner lot near the water's edge in Fulton, TX.
      104 S 4th, Fulton, TX 78358
      View Details
    • $99,500

      Residential Lot in Fulton, TX

      Residential lot with water, sewer, and concrete driveway.
      1709 LONE STAR RD, Fulton, TX 78358
      View Details
    • $99,500

      Residential Lot in Fulton, TX

      Residential lot with water and sewer available in Fulton.
      1713 LONE STAR RD, Fulton, TX 78358
      View Details
    • $419,000

      Waterfront Residential Lot in Fulton

      Oversized waterfront lot with bay views and community amenities.
      19 Royal Oaks Circle, Fulton, TX 78358
      View Details

    FAQs

    What type of property is this?
    Land - Residential land in gated waterfront community with amenities in Fulton, TX.
    Where is this land located?
    The property is located at 2302 Royal Oaks lot 5003 Fulton, TX.
    What is the asking price?
    The asking price for this property is $69,900.
    What are key features of this property?
    This property features: Waterfront community with private gated access and 24/7 guardhouse.; Lot ready for custom build (3925 sq.ft.).; Community pool.
    (361) 729-1144
    We can help!
    Listing Contact
    Sarah Solis
    Sarah Solis
    Real Estate License ID: 0524314
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2302 Royal Oaks lot: 5003, Fulton, TX 78358
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!